Australian health and wellness brand Swisse is expanding into Sri Lanka. The Melbourne-based company has secured an exclusive partnership deal with local pharmacy and healthcare chain, Healthguard.

China outbound M&A activities came to a freeze in the second quarter, dragging outbound dealmaking to USD 20.4bn (114 deals) in 1H19, recording the lowest value since 2011 amid uncertainty from the escalating trade war. Even Europe, the all-time most popular destination, saw less Chinese interest with a 64% decrease in deal value in 1H19.